Karan Gupta - 17 Aug 2021 Form 4 Insider Report for SHIFT TECHNOLOGIES, INC. (SFT)

Role
SVP Engineering
Signature
/s/ George Arison, attorney-in-fact for Karan Gupta
Issuer symbol
SFT
Transactions as of
17 Aug 2021
Net transactions value
$0
Form type
4
Filing time
18 Aug 2021, 15:36:50 UTC
Next filing
06 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFT Class A Common Stock Award $0 +24,301 +21% $0.000000 138,462 17 Aug 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Class A common stock, par value $0.0001 per share of Shift Technologies, Inc. (the "Company").
F2 Twenty-five percent (25%) of the award shall vest on August 20, 2022; the remainder shall vest in twelve substantially equal quarterly installments thereafter.